Press release
Pico Projector Market: Top Impacting Factors and Investment Pockets | Major Players are MicroVision, Aaxa Technologies, LG Electronics, Lenovo Group, Optoma Technology Corp
Pico Projector Market
According to a recent report published by Allied Market Research, titled, Global Pico Projector Market by Technology, Product, Application, and Compatibility: Global Opportunity Analysis and Industry Forecast, 20172023, the global pico projector market was valued at $749 million in 2016, and is projected to reach at $5,002 million by 2023, growing at a CAGR of 31.1% from 2017 to 2023.
Texas Instruments, Inc., MicroVision, Inc, Aaxa Technologies, Inc., LG Electronics, Inc., Lenovo Group Ltd., Optoma Technology Corp., Syndiant, ZTE Corporation, Celluon, Inc., and Miroir USA are key market players that occupy a significant revenue share in the pico projector market.
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The compactness and flexibility of the pico projectors make way for the growth of the market. In addition recent technological advancements also contribute to the market growth. However, Low brightness, and short battery backup of the pico projector impedes the growth of the market. In the near future, rise in demand for the consumer electronics, and increase in disposable income of people is expected to create lucrative opportunities for the key players operating in the pico projector market.
Pico projector is an emerging technology, which applies the use of an image projector present inside the handheld device. In addition, advancements in technology used in pico projectors makes them more powerful, less expensive, and smaller in size as well.
Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period (2017-2023) followed by North America, Europe, and LAMEA. However, LAMEA is expected to grow at a higher growth rate, predicting a lucrative market growth for pico projectors.
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Pico Projector Key Market Segments:
By Technology
Digital Light Processing (DLP)
Laser Beam Steering
Holographic Laser Projection
Liquid Crystal on Silicon (LCoS)
By Product
Embedded
Non-embedded/Standalone
USB
By Application
Consumer Electronics
Business & Education
Others
By Compatibility
Laptop/Desktop
Smartphones
Digital Camera
Portable Media Players
Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Russia
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
https://www.whatech.com/market-research/semiconductor-and-electronics/642949-pico-projector-market-sales-will-generate-revenue-of-5-002-0-million-by-2023-cagr-of-31-1
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Global Pico Projector Market Insights, Forecast
The Pico Projector market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pico Projector.
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Table of Contents:
Table of Contents
1 Study Coverage
1.1…
